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Core inflation inches higher, forecasts up

Economists point to higher inflation for next year with pressure from wages, business costs, COEs

Tue, Dec 24, 2013 - 6:00 AM

In a statement yesterday, the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) said core inflation - PHOTO: BLOOMBERG

[SINGAPORE] Inflation rose to 2.6 per cent year-on-year in November, from 2 per cent the previous month, with private-sector economists forecasting higher inflation for next year. In a statement yesterday, the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI)